Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

TSX:VET - Post by User

Vermilion Energy Inc.

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Post by WheresMeGoldon May 21, 2020 11:36pm

286 Views

Post# 31059352

I told you employment would not simply bounce back

I warned many jobs lost from the lockdowns would not simply return. I also warned people would remain extremely hesitant to travel and spend after lockdowns ended. This is exactly what has been occurring in Georgia, the first state to end its lockdown. You can expect this to occur in various degrees globally.

This will continue to hurt the energy sector. Invest accordingly. JMHO. GLTA.

https://www.politico.com/news/2020/05/21/georgia-reopening-coronavirus-jobs-273070

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